Settings8H · net · $10k
Funding arb · Price arb /

CHEEMS

all CHEEMS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: BingX against Binance+0.007%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$182as in the Funding arb table
Net, price: spread back to 7d avg − costs−$185as in the Price arb table
costs, in and out, $10k−$1861.856% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.032%+$3 on $10k
Price spread, last 7 days−0.004%$0 · spread now +0.007%, 7d avg +0.001%
Together, before fees+0.028%+$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance 1000CHEEMSUSDT0.00000056370.0100pay 0.0050% / 4h2h 40m$1.5M$892K25x
ShortBingX 1000CHEEMS-USDT0.00000056370.0100get 0.0050% / 4h2h 40m$1.2M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Binance. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.007% → +0.001%
$0.59
Slippage, 4 orders
−$165.56
Fee Binance: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$184.97
Costs to cover
1.856%
Break-even
never at this rate
Slippage from Binance: live order book, 8 min ago; BingX: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 8 min ago9.76 bp46.4 bp −$46512.8 bp −$5,128doesn't fitdoesn't fit
Sell BingX live order book, 5 min ago12.40 bp55.8 bp −$56196.6 bp −$1,966561.2 bp −$56.1K786.5 bp −$393.2K

CHEEMS on 7 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster 1000CHEEMSUSDT+0.0100%4h0.0000005649+0.224%$256K$11K5xas long as short
Binance 1000CHEEMSUSDTlong+0.0100%4h0.0000005637long leg$1.5M$892K25x
Gate CHEEMS_USDT+0.0100%4h0.0000005644+0.131%$104K$40K20xas long as short
MEXC CHEEMS_USDT+0.0100%4h0.0000005642+0.096%$69K$77K50xas long as short
KuCoin 1000CHEEMSUSDTM+0.0100%4h0.0000005611−0.454%$64K$175K20xas long as short
Bitget 1MCHEEMSUSDT+0.0100%4h0.0000005643+0.114%$73K$98K25xas long as short
BingX 1000CHEEMS-USDTshort+0.0100%4h0.0000005637+0.007%$1.2M